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NEW QUESTION # 20
Which of the following help organizations in estimating bank account balances daily and over a period of time? (Choose two)
- A. Cash Positioning
- B. Reconciliation
- C. Cash Forecasting
- D. Bank Account Transfer
Answer: A,C
Explanation:
The two processes that help organizations in estimating bank account balances daily and over a period of time are cash positioning and cash forecasting. Cash positioning is a process that involves calculating the current cash position of each bank account by adding or subtracting the cleared and uncleared transactions from the opening balance. Cash forecasting is a process that involves projecting the future cash position of each bank account by adding or subtracting the expected inflows and outflows from the current balance. Reconciliation and bank account transfer are not processes that help organizations in estimating bank account balances daily and over a period of time, but rather processes that have different purposes and functionalities. Reconciliation is a process that involves matching the transactions recorded in the bank statement with the transactions recorded in the general ledger. Bank account transfer is a process that involves transferring funds between bank accounts within or across legal entities. Reference: Oracle Cash Management Cloud User Guide, Oracle Cash Management Cloud User Guide, Oracle Cash Management Cloud User Guide, Oracle Cash Management Cloud User Guide
NEW QUESTION # 21
Which Absence-related data can an employee access apart from being able to add an absence and review existing absences?
- A. Plan Balances
- B. Balance Adjustment Requests
- C. Absence Calculation Rules
- D. Absence Processing Rules
Answer: A
Explanation:
Employees can access their plan balances from the Absence Balance page, which shows the current balance and projected balance for each absence plan they are enrolled in1. Absence calculation rules and absence processing rules are not visible to employees, but only to administrators2. Balance adjustment requests are not a type of absence-related data, but a type of action that employees can perform to request changes to their plan balances3. Reference: Oracle Absence Management Cloud User Guide, Oracle Absence Management Cloud Implementation Guide, Oracle Global Human Resources Cloud User Guide
NEW QUESTION # 22
The employee's career development is crucial to your organization as it's a way to retain your topperforming employees at your company. You would like for the Manager and employee to be in communication on this topic on a quarterly basis and be aware of what open roles within the company their direct reports would be a strong fit for. In order to put actions into conversations when it comes to the development of an employee, what employee information do Managers have access to?
- A. Goals
- B. The employee's career preference statement
- C. Performance evaluation
- D. Roles of interest
Answer: D
Explanation:
The employee information that managers have access to when it comes to the development of an employee is roles of interest, which are the roles that the employee has expressed interest in pursuing as part of their career aspirations. Managers can view the roles of interest for each of their direct reports from the Career Planning page, where they can also see the fit score and gap analysis for each role based on the employee's skills and qualifications. Managers can use this information to guide their employees in finding suitable learning opportunities and career paths within the organization. Goals, performance evaluation, and the employee's career preference statement are not employee information that managers have access to when it comes to the development of an employee, but rather information that managers can use for other purposes such as performance management or goal management. Reference: Oracle Career Development Cloud User Guide, Oracle Career Development Cloud User Guide
NEW QUESTION # 23
Your company will be using compensation history to display compensation for employees and managers. What are the 4 groups of compensation history that will be displayed? (Choose four.)
- A. Other Compensation
- B. Benefits
- C. Stock
- D. Salary
- E. Payroll
- F. Recurring Payments
Answer: B,D,E,F
Explanation:
The compensation history page displays the compensation for employees and managers in four groups: recurring payments, benefits, salary, and payroll1. Recurring payments include any regular earnings or deductions that are not part of the base salary, such as allowances, bonuses, commissions, or taxes2. Benefits include any employer-provided or employee-elected benefits that have a monetary value, such as health insurance, retirement plans, or stock options3. Salary includes the base salary and any salary changes that occurred during the selected period. Payroll includes the payroll results and payslips for each payroll period that the employee was paid in. Other compensation and stock are not groups of compensation history, but rather types of compensation that may fall under one of the four groups. Reference: Oracle Compensation Cloud User Guide, Oracle Global Payroll Cloud User Guide, Oracle Benefits Cloud User Guide, [Oracle Global Human Resources Cloud User Guide], [Oracle Global Payroll Cloud User Guide]
NEW QUESTION # 24
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